According to the public record, 6, Sweethope Dene, Morpeth is a modern freehold house with 990 ft2 of internal area and sits on a 279 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Sweethope Dene, Morpeth, NE61 is located within the NE61 postal district.
6, Sweethope Dene, Morpeth has 21 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 6 Sweethope Dene Morpeth as £370,811 and the rental value as £1,099 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 6 Sweethope Dene Morpeth has decreased by £3,050 (0.8%) and its rental value has increased by £64 per month (5.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 6, Sweethope Dene, Morpeth is in very good condition we estimate a sale value of £389,351 and rental value of £1,154 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £344,854 and a rental value of £1,022 per month.
If you were able to purchase this property for the estimated value of £370,811, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,822 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 6, Sweethope Dene, Morpeth sits on a plot of 279m2.
We have plot size data on 6 out of 15 other houses in the postcode and 6, Sweethope Dene, Morpeth sits on the 6th largest plot.
According to HM Land Registry, 6, Sweethope Dene, Morpeth was last sold on 21 Sep 2021 for £225,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 7.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Sweethope Dene, Morpeth within a radius of 680 metres over the last 2 years.
The most recent example is 10, Kendor Grove, Morpeth, NE61 2BU, a Freehold house which sold for £300,000 in Dec 2021.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sweethope Dene, Morpeth, NE61 has a total of 15 addresses. According to our analysis of all the public data, 6, Sweethope Dene, Morpeth is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £112k more expensive than the average property in NE61.
6, Sweethope Dene, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 6, Sweethope Dene, Morpeth is Morpeth station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Sweethope Dene, Morpeth, 59.9% of property is privately owned outright and 31.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 6, Sweethope Dene, Morpeth, 16.4% of residents are recorded as possessing school level qualifications and 46.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 6, Sweethope Dene, Morpeth, the average age was 47.5 and the most common age was 72.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 6, Sweethope Dene, Morpeth, 0.5% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 6, Sweethope Dene, Morpeth, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.